Brookfield Asset Management completes US$1 billion public offering of senior notes
Torys acted as counsel to Brookfield Asset Management with a team that included Karrin Powys-Lybbe, Jonathan Cescon, Christopher Tworzyanski and Mitchell Hayes (Canadian corporate/securities), Chris Bornhorst, Daniel Masliyah, Connor Murray and Zach Moon (U.S. corporate/securities), Richard Johnson and Stan Fedun (Canadian tax), David Mattingly and Chris Saki (U.S. tax).
On April 17, 2026, Brookfield Asset Management Ltd. (“BAM”) completed its public offering of (i) US$550 million principal amount of senior notes due 2030, bearing interest at a rate of 4.832% per annum (the “2031 notes”), and (ii) US$450 million re-opening of notes due 2036, bearing interest at a rate of 5.298% per annum (the “new 2036 notes” and, together with the 2031 notes, the “notes”).
The new 2036 notes formed part of the same series as the already outstanding US$400 million principal amount of 5.298% notes due 2036 (the “existing 2036 notes”), which were issued on November 18, 2025. After the re-opening, the aggregate principal amount of the series was US$850 million. The terms of the new 2036 notes were identical to the existing 2036 notes, other than the issue date and the issue price.
The notes were offered under BAM’s existing base shelf prospectus filed in the United States and Canada and pursuant to an effective registration statement on Form F-10 on file with the U.S. Securities and Exchange Commission.
Net proceeds from the sale of the notes will be used by BAM for general corporate purposes.
Further information can be found on Globe Newswire’s website.
Brookfield Asset Management is a leading global alternative asset manager, headquartered in New York, with over US$1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. BAM invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy and offers a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.